Common Funds definition

Common Funds means the Xxxxxx Class Common Fund and the Property Class Common Fund.

Common Funds means those funds provided by the Parties, according to the ANNEX-E, included in the common budget, and only used to meet common expenditure.

Common Funds is defined in the recitals to this Agreement.

Examples of Common Funds in a sentence

The custodians which hold Common Funds under this paragraph in custody or possession are referred to in this Article as the “Custodians”, and the Participants for whose benefit the Common Funds are held by the Custodians are referred to in this Article as the “Beneficiaries”.
The withdrawal of any Participant under this Paragraph will not affect the rights and obligations of the other Participants except that, where the other Participants have contributed to one or more Common Funds, their proportionate shares in the budget will be adjusted to take account of such withdrawal.
The Costs of Mail Notice, Publication Notice and CAFA Notice shall be deducted from the amounts that Plains pays into the Common Funds or into escrow such that the Notice costs are effectively paid from the Xxxxxx Class Settlement Amount and the Property Class Settlement Amount.
The Collaboration shall update this census twice a year at the Collaboration meetings and use it for calculating the Common Funds Contribution.
Each Participant shall bear the costs it incurs in carrying out this Agreement, including the costs of formulating or transmitting reports and of reimbursing its employees for travel and other per diem expenses incurred in connection with work carried out on the respective Task, unless provision is made for such costs to be reimbursed from Common Funds as provided in paragraph (j) below.
Except as otherwise provided in this Article, the cost of all damage to property and all expenses associated with claims, actions, and other costs arising from work undertaken with Common Funds for a Task shall be charged to the Budget of that Task, within the limit of the total amount of the Budget of the Task.

More Definitions of Common Funds

Common Funds means common funds where trustee companies are empowered to pool money, notwithstanding that the money may be held on individual trust, by virtue of one or more of the following State or Territory Acts:

Common Funds means the Revenue Fund, Bond Fund (exclusive of the Sections 5.07 Account and moneys in the Prepayment Account held pursuant to Section 9.02 of the Indenture), Primary Reserve Fund, Program Reserve Fund (including the Authority Account and the Letter of Credit Account therein), Collateral Fund and Program Development Fund.

Common Funds means those funds held by the Association and collected from Owners by means of regular or special assessments, for the payment of Common Expenses.

Related to Common Funds

Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.
Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.
the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;
State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.
Trust Funds means, in the aggregate, all of the Funds and Accounts.
Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.
Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.
Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.
Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.
Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.
Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.
Project Account means the account referred to in Section 3.04 (a) of this Agreement;
Funds means financial assets and benefits of every kind, including, but not limited to:
Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.
Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.